R.Power has sold a stake in its 127MW/254MWh Scornicesti battery energy storage project in Romania to Eiffel Investment Group, marking the creation of a new joint venture between the two companies.
The deal represents R.Power’s second partnership with Eiffel in Romania following previous collaboration on photovoltaic projects. Under the agreement, the partners will jointly finance, construct and operate the Scornicesti BESS, one of the country’s largest and most advanced storage facilities.
Located in Olt County, the project will provide 254MWh of flexible capacity to the Romanian grid to support frequency control, balancing and peak-shaving services. Once operational, it will help stabilise the network and enable greater integration of renewable generation.
R.Power chief executive and founder Przemek Pięta said: “We are very proud to strengthen our partnership with Eiffel Investment Group through another joint venture in Romania – this time in battery storage. Following our cooperation in photovoltaic projects, this transaction marks the next step in expanding our long-term presence in one of Europe’s most dynamic renewable energy markets. Romania is a key country for R.Power, where we are developing and building several PV farms, including Stalpu, Suseni, Dudesti, and Punghina. Together with Eiffel, we are accelerating the deployment of energy storage, supporting grid flexibility, and advancing the energy transition in Central and Eastern Europe.”
R.Power said the joint venture reinforces its strategic focus on battery storage as a central element of its integrated IPP model, combining solar, wind and storage assets across Europe. The partnership also supports Eiffel Investment Group’s commitment to financing clean energy infrastructure and accelerating the European energy transition.